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Corruption is a function of its return relative to engaging in productive activities. This paper presents an approach for thinking about the institutional features of societies and the resulting amount of corruption. The empirical results suggest that political competition is more important than...
Persistent link: https://www.econbiz.de/10002087980
Corruption is a function of its return relative to engaging in productive activities. This paper presents an approach for thinking about the institutional features of societies and the resulting amount of corruption. The empirical results suggest that political competition is more important than...
Persistent link: https://www.econbiz.de/10014071349
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